Company News for Sep 17, 2020

Zacks Equity Research

17 September 2020 at 9:20 am·1-min read

FedEx Corp.'s FDX shares jumped 5.8% after the company reported first-quarter fiscal 2021 adjusted earnings per share of $4.87, surpassing the Zacks Consensus Estimate of $2.59.
Brady Corp.'s BRC shares tumbled 6% after the company posted fourth-quarter fiscal 2020 adjusted earnings per share of $0.53, missing the Zacks Consensus Estimate of $0.55.
Shares of Southwest Airlines Co. LUV surged 3.7% after giving upbeat guidance on several operational and financial metrics for rest of 2020.
Facebook Inc.'s FB shares tanked 3.3% following a report that the Federal Trade commission is in process filling an antitrust lawsuit against the tech behemoth.

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